Banks

The latest ESG movers and shakers: GIC appoints Chew as head of sustainability; JP Morgan AM promotes Wu to chief global sustainable investing strategist.

The body and the Japanese government have started talks over verification of future issuances.

Industry body also issues guidance on 'green-enabling' projects, while SLB KPI registry sees biodiversity updates.

Europe’s central bank says it will take ‘remedial action' on pathway deviations as staff pension fund almost entirely ditches fossil fuels.

Stricter language around the limits of member collaboration has also been introduced.

The group also said it was 'concerned' about financial sector exclusions in the EU’s CSDDD.

The tool could be used to comply with climate-related disclosure requirements aligned with ISSB and internal decision-making.

US bankers also flag challenges around data timing mismatches and 'black box' climate modelling.

‘Only way’ to shut young coal plants in Indonesia down early is to pay for it, says StanChart CSO Marisa Drew.

EU authorities had pulled the plug on the ECB adopting such a policy in 2023.